H World (HTHT) Group announced its debut into the Laotian market with the signing of 4 hotel management agreements, further advancing its international growth strategy and expanding its footprint in Southeast Asia. The signing ceremony, held in Laotians Capital City Vientiane on May 29, marks H Group’s first entry into the country, solidifying its “asset-light and internationalization” strategy. The new properties, located in Vientiane and the historic city of Luang Prabang, will be developed in collaboration with three investment partners: Lao Kunpeng Industrial Co., Ltd., Yuting Hotel Investment Management Co., Ltd., and KP Construction Sole Co., Ltd.
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